During September and October we seen incredible amounts of crypto mania. The comments section on this site on bearish forecasts were a complete state. During the period of Sept - Jan I turned off my comment notifications here. It simply was not worth reading them.
And this might have been the final expression of mega mania. These people may be in for the very long squeeze.
This analysis assumes we're in a weekly chart version of the same drop from 2017 - 2019. If so, everything should be 5 - 7 times longer.
The first drop off the high took a month in 2017. It's taken 7 months in 2021- 2022.
The following bear market would take 1 year and 4 months - BTC may see a decade bear.
Seems a very credible threat.
And this might have been the final expression of mega mania. These people may be in for the very long squeeze.
This analysis assumes we're in a weekly chart version of the same drop from 2017 - 2019. If so, everything should be 5 - 7 times longer.
The first drop off the high took a month in 2017. It's taken 7 months in 2021- 2022.
The following bear market would take 1 year and 4 months - BTC may see a decade bear.
Seems a very credible threat.
Nota
We may be inside of a crash event to 3000 in SPX.
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
We may be inside of a crash event to 3000 in SPX.
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.